TRAI launched Telecom Consumers Complaint Monitoring System: TRAI has launched its consumer complaint monitoring system (TCCMS) portal to help telecom subscribers get information on complaint redressal. More

Rajya Sabha passed Right of Children to Free and Compulsory Education Amendment Bill, 2010: The Rajya Sabha passed Right of Children to Free and Compulsory Education Amendment Bill, 2010. More

Delhi Government raised minimum labour wage: The Delhi government has increased the minimum wages of unskilled, semi-skilled and skilled labour. The new rates have come into force from April 1. Last time the rates were revised in October 2011. More

Central Educational Institutions (Reservation in admission) Amendment Bill, 2010 passed by Rajya Sabha: The Rajya Sabha passed the Bill to provide reservation to the SCs, STs and the OBCs under state seats in Central Education Institutions in tribal areas. More

TRAI releases Telecommunication Tariff (Fifty First) Amendment Order, 2012: To safeguard the interests of consumers, the Telecom Regulatory Authority of India (TRAI) has amended the Telecommunication Tariff Order 1999. More

TRAI recommendation prescribing Minimum Channel Spacing, within a License service area, in FM sector: To ensure effective utilization of scarce radio frequency spectrum, the Telecom Regulatory Authority of India (TRAI) has released the recommendations on “Prescribing Minimum Channel spacing, within a License Service area, in FM Radio Sector in India.” More

TRAI releases recommendations on exit policy for various telecom licenses: In response to Department of Telecommunications’ (DoT) request to TRAI in October and December last year for recommendations on exit policy for all types of telecom licences, TRAI had issued a pre-consultation paper on ‘Exit Policy for various telecom licences’ on 6th January 2012. More

India and UAE to sign Double Taxation Avoidance Agreement: India and UAE has signed agreements to amend the double taxation avoidance treaty that will pave the way for greater sharing of tax related information between the two countries and also agreed to set up a joint committee to look after consular issues. More

Cabinet Cleared Banking Laws Amendment Bill: The Cabinet chaired by Prime Minister Manmohan Singh has cleared the Banking Laws (Amendment) Bill seeking to raise voting rights ceilings in private banks. The cabinet cleared the bill as recommended by the parliamentary standing committee on finance. More

Cabinet Nod to Protection of Children against Sexual Offences Bill: The Union Cabinet has cleared a Bill that seeks to raise the age of legal sex from 16 to 18. According to the 2011 Bill, sex under the age of 18, even if consensual, would be deemed as statutory rape and an offence that would be tried under the Juvenile Justice Act carrying a maximum punishment of three years imprisonment. More

India, Qatar sign pact to boost oil & gas sector: India and Qatar signed a bilateral treaty to enhance cooperation in the key sector of oil and gas exploration. Prime Minister Manmohan Singh and Emir of Qatar Sheikh Hamad bin Khalifa al-Thani held comprehensive talks on a whole gamut of bilateral ties, including boosting trade as well as energy cooperation and welfare of Indian workers. More

RBI cuts interest rates by 50 basic points: The Reserve Bank of India cut interest rates for the first time in three years by an unexpectedly sharp 50 basis points to give a boost to flagging economic growth. The Reserve Bank of India cut its policy repo rate to 8%, compared with expectations for a 25 basis point cut in a Reuters poll. More

Department of IT renamed as Department of Electronics and Information Technology: The Department of Information Technology in the Ministry of Communications and Information Technology has been renamed as the Department of Electronics and Information Technology. More

IMF lowers India's 2012 GDP growth to 6.9% from 7%: Calling for renewed efforts to revive India's flagging structural reform agenda, the IMF said governance concerns have weakened business sentiment in the country. IMF's Asia-Pacific Regional Economic Outlook pointed out that domestic factors have also played a role in India's growth slowdown over the second half of 2011. More

S&P lowers India outlook to 'negative': Credit rating agency Standard & Poor's (S&P) has downgraded its outlook on India's 'investment grade' rating from 'stable' to 'negative' due to worsening fiscal numbers. More

India receives $2.21B in FDI in February: India received $ 2.21 billion in foreign direct investment in February, showing an annual growth of 74 per cent, taking cumulative inflows to $ 28.40 billion for the April-February period of the last fiscal. More

Govt may hike FDI cap in broadcasting services to 74%: The Union Cabinet is expected to soon consider a proposal to increase foreign direct investment cap in broadcasting services like Direct-to-Home and cable TV networks to a uniform 74%. Among different segments, 74% foreign direct investment (FDI) would be considered in mobile TV, which is an area of future growth. More